---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-010994"
form_type: "8-K/A"
ticker: "CYDY"
cik: "0001175680"
company_name: "CytoDyn Inc."
filed_at: "2022-07-25T23:59:59+00:00"
generated_at: "2026-06-24T09:05:00.951923+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CytoDyn raises $21.8M in private placement of units; corrects warrant exercise price to $0.30

## Summary
- Raised $21.8M gross via 85.4M units at $0.255/unit; each unit = one share + 0.75 warrant.
- Warrants have 5-year term, exercise price corrected to $0.30 (120% of unit price).
- Placement agent receives 13% cash fee, $50k expense fee, and 19.4M 10-year warrants.
- Issued 43,657 shares to former executive officer for severance payment of $15,523.
- Offering exempt under Rule 506/Reg D and Section 4(a)(2); resale registration planned within 90 days.

## SEC filing metadata
- accession: 0001558370-22-010994
- form_type: 8-K/A
- ticker: CYDY
- cik: 0001175680
- company_name: CytoDyn Inc.
- filed_at: 2022-07-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.02, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1175680/000155837022010994/0001558370-22-010994-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1175680/000155837022010994/cydy-20220624x8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-010994
- JSON: https://secwatch.observer/filing/0001558370-22-010994.json
- Plain text: https://secwatch.observer/filing/0001558370-22-010994.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.